SOURCE: Arrow Resources Development, Inc.

April 03, 2007 09:47 ET

Arrow Announces Filing of 10-KSB

NEW YORK, NY -- (MARKET WIRE) -- April 3, 2007 -- Arrow Resources Development, Inc. (OTCBB: ARWD), announced the release of their Form 10-KSB for the year ended December 31, 2006. This filing, which is currently listed with the SEC, provides a comprehensive summary of the Company's activities during the last calendar year, as well as a detailed explanation of its current business model.

About Arrow Resources Development, Inc. ("Arrow")

Arrow Resources Development, Inc. provides corporate operating structure, financial operations, sales and marketing activities and the administration of the corporate citizenship programs for natural resource development companies in the Asian market. Its initial relationship with Arrow Pacific Resources Group Limited (BVI company) is for the development of large scale plantation/farming and mining operations in Indonesia and Papua New Guinea. Arrow has signed a similar agreement with Gerakan Masyarakat Pelestari Lingkungan Hidup (GMPLH), and GMPLH's joint venture partner, P.T. Eucalyptus Alam Lestari (owned by Arrow Pacific) for the large scale plantation/farming in Indonesia. Arrow agreements entitle the Company to 10% of all gross revenue generated by all their partners' plantation/farming and mining operations including any and all sales of natural resources and derivative products (e.g. paper, pulp, chips).

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